Infinity Stone Ventures Corp (CSE:GEMS) announced that it has acquired, through staking, an additional 2,114 hectares over 36 cells adjacent to its Galaxy lithium project in Quebec, with an additional 14 cells still pending application.
The company said the newly-acquired area was established to be prospective for lithium-cesium-tantalum (LCT) pegmatites following Infinity Stone's September 2022 exploration program that included sampling, hand stripping, channel sampling, as well as blasting and the recovery of a 150 kilogram bulk sample of pegmatite material.
“The Galaxy Project presents a highly prospective opportunity for lithium mineralization based upon historical reports, especially given its close proximity to infrastructure, ease of access, and low exploration and operating costs,” Infinity Stone Ventures CEO Zayn Kalyan said in a statement.
READ: Infinity Stone Ventures closes C$2.1M private placement; seeks dual listing on Australian Securities Exchange
Infinity Stone noted it intends to carry out further exploration on the Galaxy Project, including the expanded claims, beginning October 17, 2022.
It added that the exploration program will include further sampling of the 30 pegmatite dykes mapped on the property, blasting, as well as prospective work ahead of the company's intention to conduct a magnetic geophysical survey and drill program before the end of the year.
Infinity Stone’s mission is to be a diversified, single-source supplier for the critical energy metals being used in the clean energy revolution alongside its established Software-as-a-Service (SaaS) solution portfolio. The company's primary business units include HealthCheck (Stratum Health Technologies LLC) and its energy metals portfolio.
Contact Sean at sean@proactiveinvestors.com